Citi, formally known as Citigroup Inc., is a multinational financial services corporation headquartered in New York City. The company was formed in 1998 following the merger of Citicorp and Travelers Group, though its origins date back to the founding of City Bank of New York in 1812. Citi operates worldwide and provides a wide range of financial products, including consumer and commercial banking, credit cards, investment banking, wealth management, and treasury services.